0 Pond Ln, Concord, MA 01742
Exceptional 59.86-acre residential land parcel in Concord, MA, available for development. Located on Pond Lane in Middlesex County, zip code 01742, this property offers commanding elevated views of the Assabet River. The site is zoned for residential use, presenting a unique opportunity for a substantial development project within a thriving community. Concord boasts a strong and growing economy, with a 2020 household count of 26,915, projected to reach 27,756 by 2025. The average household income is $170,448, and the median household income is $144,960, indicating a high-income demographic. This picturesque location provides a rare chance to create a significant residential development in a desirable and affluent area. The property's convenient access at the end of Pond Lane enhances its appeal. The asking price for this exceptional land opportunity is $2,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.